Creates a work opportunity tax credit

This New York state bill creates a work opportunity tax credit for employers hiring New York residents in targeted groups (such as veterans or long-term unemployed individuals, as defined by federal law). Employers can claim a 100% credit against state tax for qualified wages paid to these employees, capped at $500 per employee annually. The total credit is limited to $90 million across all taxpayers, with the program expiring December 31, 2028. It applies to wages paid after April 1, 2026, and cannot overlap with other state tax credits for the same wages.